Samsung Canada Launches Buy Now, Pay Later Financing Program with PayBright

TORONTO, March 6, 2020 /CNW/ - Samsung Electronics Canada today announced a partnership with PayBright, Canada's leading provider of installment payment solutions, to offer its customers 0% financing* for 12, 24 or 36 months when purchasing or upgrading select mobile products at Samsung Experience Stores and on Samsung.com/ca

"We are excited to offer our customers a flexible and affordable way to get the latest product innovations from Samsung, including the new Samsung Galaxy S20 series 5G," says Jennifer Safruk, Vice President, Mobile Business, Samsung Canada.

Customers wishing to take advantage of the new financing options should visit a Samsung Experience Store or Samsung.com/ca to get approved in three easy steps:     

• Select PayBright at checkout: add your item to your cart as usual, and select PayBright as your payment method. You will then be redirected to PayBright to view your payment details.
• Apply online: Apply with PayBright's easy online application in a few seconds and get an instant approval decision.
• Enjoy your purchase: Once you complete your checkout with PayBright, we'll process and ship your order.

"PayBright is delighted to partner with Samsung Canada to bring convenient installment payments to more Canadian consumers, both online and in-store," says Wayne Pommen, President & CEO of PayBright "Samsung's customers will benefit from a fast, simple, and transparent checkout experience that allows them to pay over time – with no hidden fees or surprises." 

Those eager to get their hands on the Samsung Galaxy S20 Series 5G can do so as of today as devices are available online and in store.

Visit https://shop.samsung.com/ca/financing for more details.

About Samsung Electronics Canada Inc.

Samsung Electronics Canada inspires Canadians to reach their full potential through a transformative ecosystem of products and services that deliver innovation and distinct design to every aspect of their connected lives. The company is redefining the worlds of TVs, smartphones, virtual reality and wearable devices, tablets and digital appliances. In 2019, Samsung was ranked as one of Canada's "Most Admired Brands" in Leger's Corporate Reputation Study." "Best Global Brands" list. Dedicated to helping make a difference in the lives of Canadians, Samsung's award-winning corporate giving initiatives support public education and health-related issues in communities across the country. To discover more, please visit www.samsung.com/ca.

About PayBright:

PayBright is Canada's leading provider of installment payment plans for e-commerce and in-store purchases. Through partnerships with over 5,700 domestic and international retailers, PayBright allows Canadian consumers to buy now and pay later in a quick and easy experience. PayBright is fully integrated with leading retail partners including Wayfair, Samsung, eBay, Endy, Casper, The Source, Lenovo, Sleep Country, Steve Madden, and Bestseller. PayBright's installment plans range from 4 bi-weekly payments for smaller purchases up to 60 months for larger purchases, with interest rates as low as 0%. Headquartered in Toronto, PayBright has provided Canadians with over $1.5 billion in spending power since inception. For more information, visit www.paybright.com.

* Some conditions apply. On approved credit. Offer valid from March 6, 2020 to March 31, 2020. Purchase from www.samsung.com/ca eligible Samsung Products with the www.samsung.com/ca financing plan offered by Paybright ("Paybright") on a 12, 24 or 36-month term with 0% interest. To qualify for financing, minimum purchase value of cart must be $300 before taxes and fees. You may not be eligible for 0% interest plan. Your monthly payment amount, the interest you will pay, and the loan terms available depend on your personal credit profile. If you are not approved for 0% interest, you may be offered a payment plan with an interest rate greater than 0%. Monthly payments may include a monthly Processing Fee of $6.95 Estimated monthly payment amount excludes taxes, shipping, and other fees. Eligible Samsung Products are: Smartphone devices, cases, tablets, wearables, chargers, AKG audio, and SmartThings products in all models and colours. This offer may be amended or cancelled at any time. Financing provided by PayBright. All transactions are subject to approval by PayBright. Financing offers may vary from time to time. Financing offers may vary for customers in the Province of Quebec. See www.paybright.com/faq for more information.

SOURCE Samsung Electronics Canada Inc.

Patricia Amato, North Strategic Public Relations, 416-995-7883, [email protected]